Bursa Malaysia Closes Lower Amid Continued Profit-taking
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia closed lower on Wednesday on profit-taking activity, extending its loss for the second straight session.
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Bursa Malaysia Ends Morning Session Flat
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia ended the morning trading session slightly lower, weighed down by selling pressure in selected heavyweight counters, particularly in the utilities, transportation, and healthcare sectors.
Globaltec To Generate First Revenue From Indonesian Coalbed Methane Venture This Year
From Nur Aiman Najwa Dzamae
JAKARTA, Jan 8 (Bernama) -- Globaltec Formation Bhd’s 70 per cent-owned subsidiary NuEnergy Gas Ltd expects its coalbed methane (CBM) venture in Indonesia to yield its first revenue of about US$2 million (US$1=RM4.05) this year, driven by initial gas production from the Tanjung Enim Plan of Development 1 (POD 1) in South Sumatra.